UBS' Morgan Sees China Coal Price Range at $70-80 Per Ton

The video discusses the dynamics of coal and iron ore markets, focusing on Chinese output and its impact on prices. It highlights the unsustainably high prices of met coal and the influence of the dollar on commodity markets. The discussion also covers the future outlook of these markets, considering global economic factors and policy changes in China and the US.

What are the implications of the marginal cost of iron ore on its market sustainability?

How might the upcoming policy changes in China affect the commodity market?

What are the potential impacts of fiscal spending reforms on the commodity cycle?